Advancing voluntary markets for the benefit of climate and nature
Marketta
Advancing voluntary markets for the benefit of climate and nature
YM040:00/2024 Development
The project will examine the functioning and opportunities of nature credits, related biodiversity markets and carbon markets as part of achieving climate and environmental obligations.
Basic information In progress
Project number YM040:00/2024
Case numbers VN/10311/2024
Set by Ministry of the Environment
Term/schedule 1.10.2024 – 30.9.2026
Date of appointment 1.10.2024
Relation to the Government Programme
Orpo
Chapter 7 Puhtaan energian Suomi
Subchapter 7.4 Suomi kasvattaa ilmastokädenjälkeään ja etenee hiilineutraalisuuteen vaikuttavin ja kestävin keinoin
Subchapter 7.5 Suomi vaalii arvokasta luontoaan
Contact person
Suvi Borgström, Erityisasiantuntija
tel. +358 295 250 342
[email protected]
Goals and results
The project goals are the following:
• The regulatory environment enables and encourages compensation under the nature Conservation Act while respecting the mitigation hierarchy;
• The regulatory environment encourages the implementation and funding of nature-positive actions;
• There is a market place/places and they are known to operators;
• There are tools for calculating nature credits and they are known to operators;
• Possible intermediary organisations in the biodiversity markets have been investigated;
• The nature credits register operates at the Centre for Economic Development, Transport and the Environment;
• Nature credits can be utilised as part of investment activities;
• Producers and financiers will make full use of the nature credits register.
Starting points
Investments in mitigating climate change and halting biodiversity loss are largely made by the private sector, and linking them to capital markets is important. Large-scale investments are still needed from businesses, households and the public sector to help mitigate climate change, halt biodiversity loss and transition to a circular economy. Market-based carbon and natural value markets would further diversify the opportunities for competitive business in Finland.
The project is a way to increase the funding and measures needed to halt the decline in biodiversity and to intensify cooperation with the private sector.
Hanke on osa hallituksen kärkihankkeita, kuten luvituksen sujuvoittamista ja valtiontalouden tasapainottamista sekä hallitusohjelman tavoitetta luonnon monimuotoisuuden heikkenemisen pysäyttämisestä osana kestävää talouspolitiikkaa. Hankkeessa kehitetään vapaaehtoista ekologista kompensaatiota muun muassa selkeyttämällä sääntelyä hyväksytyin yhteisin kriteerein. Hanke mahdollistaa uusia monikanavaisia rahoituskeinoja vaikuttavimpiin ja pilotoitaviin toimiin.
Hankkeen toteuttaminen
Luonnonarvomarkkinoiden kehittäminen Suomessa Asiantuntijapaneelin näkemykset PDF
17.6.2024 Ministry of the Environment
Ungrouped
Person
Role, Term
Borgström, Suvi
Erityisasiantuntija
Ministry of the Environment
Role: Person in charge
20.1.2025 – 30.9.2026
Borgström, Suvi
Erityisasiantuntija
Ministry of the Environment
Role: Project contact person
20.1.2025 – 30.9.2026
Suvantola, Leila
Lainsäädäntöneuvos
Ministry of the Environment
Role: Expert
1.10.2024 – 30.9.2026
Terämä, Emma
Johtava asiantuntija
Ministry of the Environment
Role: Person in charge
1.10.2024 – 20.1.2025
Developing and statute drafting in the Government
The ministries implement the Government Programme, draft acts and other statutes, and promote reforms through different kinds of projects, working groups and bodies. Information on all this is available on the Government website.
All ministries' projects are available on the Government website valtioneuvosto.fi/en/projects
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